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Rent Office 358 Fifth Avenue

$ / SF SF Monthly Rent
$ 48
1,800
$ 7,275
$ 48
3,500
$ 14,000
$ 56
9,700
$ 45,670

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Bryant Park & 6th Avenue $ 60
14,000
$ 70,000
Penn Plaza & West 33rd Street $ 41
29,000
$ 99,083
Address $ / SF SF Monthly Rent
Broadway & West 36th Street $ 54
3,200
$ 14,266
Broadway & West 41st Street $ 55
4,700
$ 21,541
Fifth Ave & West 33rd Street $ 69
4,300
$ 24,725
Address $ / SF SF Monthly Rent
Broadway & West 41st Street $ 55
2,200
$ 10,083
Address $ / SF SF Monthly Rent
W 40th St & Between West 39th Street $ 38
15,100
$ 47,816
W 37th St & Avenue of America $ 34
10,200
$ 29,325
Address $ / SF SF Monthly Rent
6th Ave & Between Broadway $ 47
4,400
$ 17,233
Seventh Ave & West 38th Street $ 45
5,200
$ 19,500
W 37th St & Between 5th Avenue $ 50
3,200
$ 13,333
W 37th St & 6th Avenue $ 35
3,500
$ 10,208
Address $ / SF SF Monthly Rent
Fifth Ave & East 35th Street $ 40
2,100
$ 7,000
Seventh Ave & West 38th Street $ 45
2,400
$ 9,000
Penn Plaza & Eighth Avenue $ 40
1,800
$ 6,000
Tenth Ave & West 37th Street $ 45
2,200
$ 8,250
W 36th St & Between 8th Avenue $ 36
1,600
$ 4,866
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Broadway & West 32nd Street $ 46
3,500
$ 13,498
W 37th St & Ninth Avenue $ 40
4,500
$ 15,000
W 39th St & Avenue of the Americas $ 35
4,200
$ 12,250
W 30th St & Between West 30th Street $ 31
5,000
$ 12,916
Penn Plaza & West 30th Street $ 46
2,500
$ 9,583
W 36th St & Eight Avenue $ 34
6,000
$ 16,750
W 35th St & Between West 35th Street $ 34
5,300
$ 14,795
Address $ / SF SF Monthly Rent
Penn Plaza & West 30th Street $ 46
2,000
$ 7,583
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 1699 $ 775
Interior office/person $ 1350 $ 1199 $ 525
Team Rooms $ 10100 $ 8449 $ 5025
Suites $ 20100 $ 12449 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Broadway & West 39th Street $ 59
10,900
$ 53,591
Bryant Park & Avenue of America $ 99
7,400
$ 61,050
1 Plz & West 33rd Street $ 105
19,100
$ 167,125
Broadway & West 41st Street $ 70
13,200
$ 77,550
Fifth Ave & West 38th Street $ 56
17,600
$ 82,866
Ninth Ave & Between Dyer Avenue $ 128
9,400
$ 100,658
Address $ / SF SF Monthly Rent
Broadway & West 41st Street $ 55
2,800
$ 12,833
1 Plz & West 33rd Street $ 105
3,200
$ 28,000
W 34th St & Between 7th Avenue $ 70
4,700
$ 27,416
Broadway & West 36th Street $ 66
4,600
$ 25,300
2 & West 31st Street $ 141
5,300
$ 62,275
Fifth Ave & West 38th Street $ 62
3,800
$ 19,475
W 38th St & Avenue of the Americas $ 56
3,500
$ 16,479
W 37th St & Between 5th Avenue $ 63
3,200
$ 16,800
Broadway & West 37th Street $ 66
5,500
$ 30,250
Address $ / SF SF Monthly Rent
1 Plz & West 33rd Street $ 98
2,400
$ 19,600
Broadway & West 37th Street $ 66
2,300
$ 12,650
Address $ / SF SF Monthly Rent
6th Ave & Between Broadway $ 59
7,600
$ 37,366
Broadway & West 39th Street $ 52
21,400
$ 92,733
W 39th St & Avenue of America $ 49
7,800
$ 31,850
Broadway & West 38th Street $ 54
9,500
$ 42,750
W 39th St & Eighth Avenue $ 40
9,300
$ 31,387
W 39th St & Eight Avenue $ 40
11,400
$ 38,475
7th Ave & Between 7th Avenue $ 56
7,800
$ 36,075
Seventh Ave & Sixtenth Street $ 46
10,000
$ 38,750
Eighth Ave & West 36th Street $ 40
7,500
$ 25,312
Eighth Ave & Between 8th Avenue $ 40
7,900
$ 26,004
W 36th St & Avenue of the Americas $ 44
10,000
$ 36,666
Broadway & West 32nd Street $ 44
9,800
$ 35,525
W 38th St & 5th Avenue $ 62
7,500
$ 38,437
Seventh Ave & West 35th Street $ 60
9,300
$ 46,887
Tenth Ave & West 37th Street $ 50
7,900
$ 32,587
W 33rd St & Fifth Avenue $ 40
7,100
$ 23,962
W 34th St & Fifth Avenue $ 31
7,300
$ 18,858
Address $ / SF SF Monthly Rent
W 39th St & Ninth Avenue $ 39
3,500
$ 11,375
Broadway & West 38th Street $ 49
2,800
$ 11,433
W 39th St & Eight Avenue $ 35
3,000
$ 8,750
Seventh Ave & West 38th Street $ 52
3,100
$ 13,433
Broadway & West 39th Street $ 52
3,000
$ 13,000
Eighth Ave & Between 8th Avenue $ 38
2,700
$ 8,550
Eighth Ave & West 35th Street $ 35
3,200
$ 9,333
Eighth Ave & West 36th Street $ 38
2,700
$ 8,550
W 42nd St & Broadway $ 64
2,500
$ 13,333
Address $ / SF SF Monthly Rent
6th Ave & Between Broadway $ 58
1,900
$ 9,183
Broadway & West 39th Street $ 52
1,700
$ 7,366
W 36th St & Between West 36th Street $ 35
1,600
$ 4,666
W 38th St & Between West 37th Street $ 35
2,200
$ 6,416
Seventh Ave & West 40 Street $ 54
1,500
$ 6,750
Eighth Ave & West 35th Street $ 35
1,700
$ 4,958
W 39th St & Ninth Avenue $ 39
1,800
$ 5,850
Eighth Ave & West 37th Street $ 37
1,700
$ 5,241
W 40th St & Avenue of America $ 72
1,600
$ 9,666
Broadway & West 38th Street $ 50
1,900
$ 7,995
W 34th St & Avenue of America $ 46
2,000
$ 7,666
7th Ave & Between 7th Avenue $ 56
1,600
$ 7,400
Eighth Ave & West 36th Street $ 40
2,200
$ 7,425
Avenue of the Americas & West 31st Street $ 78
2,400
$ 15,500
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue $ 32
8,500
$ 22,666
W 33rd St & twentieth Road $ 39
8,100
$ 26,325
W 35th St & Seventh Avenue $ 40
8,800
$ 29,333
W 35th St & Fifth Avenue $ 41
8,200
$ 28,016
Eighth Ave & West 36th Street $ 42
16,000
$ 55,333
Eighth Ave & West 39th Street $ 40
11,400
$ 38,475
Broadway & West 31st Street $ 50
7,700
$ 31,762
W 37th St & Eight Avenue $ 46
10,000
$ 38,750
W 35th St & Broadway $ 36
7,700
$ 23,100
W 37th St & Between West 36th Street $ 38
7,200
$ 22,800
W 39th St & Eighth Avenue $ 36
9,200
$ 27,600
W 36th St & Eighth Avenue $ 29
9,500
$ 22,958
W 36th St & Ninth Avenue $ 36
8,500
$ 25,500
Address $ / SF SF Monthly Rent
W 40th St & Eight Avenue $ 25
4,000
$ 8,333
Seventh Ave & West 30th Street $ 35
3,800
$ 11,083
W 35th St & Seventh Avenue $ 44
2,900
$ 10,633
W 35th St & Eighth Avenue $ 32
3,400
$ 9,066
W 38th St & Eighth Avenue $ 39
3,500
$ 11,375
Seventh Ave & West 39th Street $ 45
5,800
$ 21,750
W 35th St & Columbus Avenue $ 40
3,000
$ 10,000
Broadway & West 31st Street $ 45
2,600
$ 9,750
W 36th St & Between Broadway $ 34
6,000
$ 16,750
W 35th St & Seventh Avenue $ 37
4,400
$ 13,566
W 35th St & Between West 35th Street $ 35
5,600
$ 16,333
W 37th St & Ninth Avenue $ 41
4,600
$ 15,674
W 38th St & Between West 37th Street $ 40
2,700
$ 8,887
W 39th St & Fifth Avenue $ 44
6,500
$ 23,562
Address $ / SF SF Monthly Rent
W 38th St & Ninth Avenue $ 32
1,600
$ 4,266
W 30th St & Eighth Avenue $ 28
2,000
$ 4,666
Eighth Ave & West 36th Street $ 38
1,600
$ 5,066
W 37th St & Eight Avenue $ 35
2,400
$ 7,000
W 39th St & Between West 39th Street $ 37
1,700
$ 5,241
W 35th St & Seventh Avenue $ 34
2,300
$ 6,516
W 32nd St & Ninth Avenue $ 48
1,800
$ 7,275
W 35th St & Between West 35th Street $ 35
2,100
$ 6,125
Tenant Broker’s Perspective: office buildings being demolished or converted to residential are driving up rental prices at 358 Fifth Avenue. This trend is projected to continue. Opportunities for subleases remain available at 358 Fifth Avenue and in the nearby Penn Plaza/Garment neighborhood.
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Lease 358 Fifth Avenue

Rent 358 Fifth Avenue Property Overview

Building Address: 358 Fifth Ave, New York NY 10001
Building Alternate Address: 358 5th Ave
Zip Code:10001
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:15
Year Built:1920
Building Class:B
Block & lot:00836-0035

History of 358 Fifth Avenue, Manhattan, NYC

358 Fifth Avenue is located in the Midtown Manhattan area, part of the broader Fifth Avenue corridor, a major thoroughfare in New York City known for its commercial and cultural significance.

Fifth Avenue itself has a rich history dating back to the late 18th century when the city laid out lots and roads on what was then largely undeveloped land. The avenue was originally known as Middle Road and developed gradually, evolving into a prestigious residential and commercial district by the early 20th century.

By the early 1900s, Fifth Avenue had transformed from a primarily residential street into a high-end shopping and office district. The midtown blocks, including the area around 358 Fifth Avenue, saw increased commercial development with many mansions and older buildings giving way to office buildings and retail spaces. This change was part of a citywide widening and modernization effort that altered the avenue’s character significantly by the 1910s.

The specific building at 358 Fifth Avenue plays a role within this historic context as part of the dense commercial expansion characteristic of midtown Manhattan. While detailed architectural or ownership history of 358 Fifth Avenue itself is limited, the property is recognized today as a significant commercial office address contributing to the area's dynamic business environment. The site is proximate to major transit points and has been part of the continuous growth of Fifth Avenue as one of New York City's key commercial corridors.

Modern assessments indicate the property maintains substantial market value and is integrated into the surrounding commercial ecosystem, with nearby buildings supporting retail, office, and transportation accessibility.

358 Fifth Avenue, Manhattan, New York, NY 10001

Also known as: 362 Fifth Avenue, New York, NY 10001

Building Details:

  • Class B Office Building
  • 15 stories
  • Approximate total area: 96,615 sq ft
  • Originally built in 1920, last altered in 1986
  • Comprises 63 commercial units

Location: Corner of 5th Avenue and West 34th Street, within Midtown South / Penn Plaza / Garment District neighborhood

Nearby Landmarks: Across from the CUNY Graduate Center and the Science, Industry, and Business Library; near Empire State Building

Transportation & Accessibility

  • Subway lines within walking distance:
    • 34th Street - Herald Square (B, D, F, M, N, Q, R) – approx. 3-4 min walk
    • 33rd Street PATH station – approx. 4 min walk
    • 33rd Street (4,6) – approx. 5 min walk
    • 34th Street - Penn Station (1,2,3) – approx. 6-7 min walk
    • 28th Street (N,R) – approx. 7-8 min walk
  • Close to New York Penn Station commuter rail (LIRR, NJ Transit) – approx. 9 min walk
  • Bus lines along 5th Avenue: M1, M2, M3, M4
  • Proximity to major airports: La Guardia (17 min drive), Newark Liberty (21 min), JFK (25 min)

Neighborhood & Amenities

  • Located in Koreatown area, a vibrant commercial and cultural hub
  • Nearby dining options: Dunkin', Chipotle, Royal 35 Steakhouse
  • Nearby hotels: U Hotel Fifth Avenue, The Gregory Hotel
  • Walk Score: 100/100 - Walker's Paradise
  • Transit Score: 100/100 - Rider's Paradise
  • Bike Score: 83/100 - Very Bikeable

Property Tax & Valuation (Recent)

Year Market Value Assessed Value Taxable Value Tax Rate % Property Tax
2024/25 $63,550,000 $28,597,500 $27,472,900 10.762% $2,956,633
2023/24 $77,387,000 $34,824,150 $30,593,954 10.592% $3,240,512

358 Fifth Avenue Amenities

358 Fifth Avenue Building Amenities

  • 15-story Class B office building
  • Located in Midtown Manhattan's Penn Plaza/Garment District
  • Attended lobby
  • 24/7 access with turnstile security
  • Typical floor size of approximately 6,441 square feet
  • Unfinished ceiling height of 12 feet in office spaces
  • Surface and covered parking available
  • Proximity to multiple public transportation options:
    • 34th Street - Herald Square Subway Station (B, D, F, M, N, Q, R lines) within a 4-minute walk
    • 33rd Street PATH station within 5 minutes walk
    • 34th Street - Penn Station (1, 2, 3 lines) within 6-7 minutes walk
    • Additional subway lines (4, 6, N, R) accessible within 6 to 8 minutes walk
  • Walk Score of 100 indicating excellent walkability

358 Fifth Avenue in Manhattan, NYC, is home to several notable office tenants, including:

  • CVS Pharmacy
  • Partner Engineering and Science, Inc.
  • Global Coverage
  • International Inspirations
  • Bank of America
  • Star MD
  • Felcher & Freifeld LLP
  • Yakson Wellness

Internet at 358 Fifth Avenue

Internet Providers at 358 Fifth Ave, Manhattan, NYC

Residents and businesses at 358 Fifth Avenue have access to multiple high-speed internet providers offering cable and fiber connections.

  • Verizon Fios: Fiber-optic internet with speeds up to 2.3 Gbps. Known for fast, reliable service and good customer satisfaction.
  • Spectrum: Cable internet with speeds up to 1 Gbps. Widely available across Manhattan, offering bundled TV and phone options.
  • Astound Broadband Powered by RCN: Cable and fiber service with speeds up to 1.5 Gbps, known for competitive pricing and unlimited data.

358 Fifth Avenue Access

358 Fifth Avenue, Manhattan, NYC

Cross Streets

Located between West 34th Street and West 35th Street in Manhattan's Penn Plaza / Garment District.

Transportation

Subway

  • 34th Street - Herald Square (B, D, F, M, N, Q, R lines) – 0.2 miles, about 3 minutes on foot
  • 33rd Street (PATH - Hoboken) – 0.2 miles, about 4 minutes on foot
  • 33rd Street (4, 6 lines) – 0.3 miles, about 5 minutes on foot
  • 34th Street - Penn Station (1, 2, 3 lines) – 0.3 miles, about 6 minutes on foot
  • 28th Street (N, R lines) – 0.4 miles, about 7 minutes on foot

Commuter Rail

  • New York Penn Station (LIRR and NJT) – 0.5 miles, about 9 minutes on foot

Bus

Bus lines M1, M2, M3, and M4 run along 5th Avenue providing convenient access.

Other Transportation Notes

Fifth Avenue also has extensive taxi and rideshare availability. Walking and cycling are common local travel options in the neighborhood.


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